Peter Brandt Predicts Bitcoin at $250,000 in 2029

BTC0.18%

Veteran trader Peter Brandt sees bitcoin rallying to $250,000 in 2029, but only after the market completes a prolonged bottoming process that could extend into September 2026, according to his recent outlook.

Price Target and Timeline

Brandt’s forecast positions a multi-year consolidation phase before the anticipated price advance. The trader expects the bottoming process to potentially last through mid-2026 before any sustained recovery materializes.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Strategy Pauses Bitcoin Purchases Before Tuesday Earnings

Michael Saylor said Strategy will pause bitcoin purchases before the company's earnings announcement on Tuesday and resume buying next week. The pause comes as analysts scrutinize the firm's losses and the complexities of its preferred-stock funding

GateNews29m ago

Bitcoin Treasury Firm K Wave Media Secures Up to $485M for AI Infrastructure Buildout

According to ChainCatcher, Nasdaq-listed bitcoin treasury company K Wave Media announced on May 4 a strategic pivot to AI infrastructure, securing up to $485 million in capital support for data center investments, GPU rental services, and AI infrastructure acquisitions and partnerships. The company

GateNews41m ago

Solana Below $100 for 88 Days as SOL/BTC Weakness Persists

Solana has remained trapped below the $100 level for 88 consecutive days, marking its longest weak stretch since 2020, while the SOL/BTC chart continues to show the cryptocurrency losing strength against Bitcoin with no confirmed reversal yet. According to technical analysis from Crypto Moe and

CryptoFrontier1h ago

Bitcoin Moments Away From Macro Breakout, Altcoins ETH, SUI, and ADA Could See Bullish Continuity

Bitcoin moments away from macro breakout.  Altcoins ETH, SUI, and ADA could see bullish continuity.  A real bull run phase could occur, caused by the business cycle extension. A popular crypto trader and analyst, Dan Gambardello, confirms that Bitcoin moments away from macro breakout.

CryptoNewsLand1h ago
Comment
0/400
No comments